The Search For The Next Platform. I found this part of Mark Zuckerberg’s post on the Oculus acquisition most revealing: We have a lot more to do on mobile, but at this point we feel we’re in a position where we can start focusing on what platforms will come next to enable even more useful, entertaining and personal experiences.
Facebook was a bit slow to get aboard the mobile train. Unlike Apple and Google, they do not have a mobile OS. Netflix's War on Mass Culture. Given all the faces you see glued to computers, tablets, and cell phones, you might think that people watch much less television than they used to.
You would be wrong. According to Nielsen, Americans on average consume nearly five hours of TV every day, a number that has actually gone up since the 1990s. That works out to about 34 hours a week and almost 1,800 hours per year, more than the average French person spends working. The vast majority of that time is still spent in front of a standard television, watching live or prescheduled programming. Two decades into the Internet revolution, despite economic challenges and cosmetic upgrades, the ancient regime survives, remaining both the nation’s dominant medium and one of its most immutable.
ARBITRAGE AND EQUILIBRIUM IN THE TEAM FORTRESS 2 ECONOMY. Arbitrage is the holy grail of every trader.
The dream of buying low and selling high (for this is what arbitrage is all about) is the driver of all commerce but also its own worst enemy: for as everyone is trying to pursue it, the potential for arbitrage disappears. And when it does disappear totally, we have equilibrium (the holy grail of the economists). Equity value. Warren Buffet once said: Buy into a business that’s doing so well an idiot could run it, because sooner or later, one will.
This is a useful way to understand the meaning of “equity value”. Why Churn is so critical to success in SaaS. Summary: Illustrates graphically why churn is a huge problem a SaaS company gets larger.
It also looks at a very surprising factor that can massively accelerate SaaS growth: negative churn. (This article is applicable to any recurring revenue business, not just SaaS.) Innovation de rupture: comment rechercher l’inimaginable. Marc Andreessen on Why Software Is Eating the World. Economic principles.
The Golden Age of Internet Marketing? "Let the products sell themselves... fuck advertising, commercial psychology ... psychological methods to sell should be destroyed.
" - The Minutemen, Shit From An Old Notebook We have enough data now to realize that display advertising on the Internet doesn't work. Some suggest click through rates are as low .09%, a shockingly low number. Company - Report - Internet matters: The net’s sweeping impact on growth, jobs, and prosperity - May 2011. The Internet is a vast mosaic of economic activity, ranging from millions of daily online transactions and communications to smartphone downloads of TV shows.
But little is known about how the web in its entirety contributes to global growth, productivity, and employment. Video First quantitative assessment of the Internet's economic impact presented at e-G8 Forum. Inside the Recommendation Engines of StumbleUpon, YouTube, Pandora and Hotpot. When recommendations are done well, they lead to more engaged and satisfied users.
But that’s hard to quantify or make obvious. Pandora, for instance, can go for a seemingly long time without major feature changes, when behind the scenes “there’s an army of people making changes to playlist infrastructure,” according to Pandora CTO Tom Conrad. In some ways, discovery is the opposite of search. About 50 percent of searches on YouTube are “broad,” according to YouTube Director of Product Management Hunter Walk, by which he said he means users are seeking an experience rather than a particular video. So YouTube’s intent with recommendations is less about one right answer and more about a cluster of answers, or eventually, a narrative. Free Software, Paid Support. There is a thread on programmers.stackexchange.com that asks the question " Why do programmers write applications and then make them free?
" The top answer right now is: Because I don't want to feel obligated to provide technical support or offer refunds. I have always found the free software approach to be instructive. There are many forms of creative expression out there and most of them involve a paid model. The Unwelcome Return of Platform Dependencies. Editor’s Note: The following guest post is written by a Silicon Valley CEO.
Frank Dupree is a pen name In the late 1990s, the rise of the browser was supposed to usher in an era of unprecedented opportunity for startups. A great part of that increased opportunity came as a result of the significant reduction in platform dependencies. The next big thing will start out looking like a toy cdixon.org. One of the amazing things about the internet economy is how different the list of top internet properties today looks from the list ten years ago. It wasn’t as if those former top companies were complacent – most of them acquired and built products like crazy to avoid being displaced. The reason big new things sneak by incumbents is that the next big thing always starts out being dismissed as a “toy.” Business models.
The Death of the Pageview - ReadWriteStart. The Web has hit a point where tracking pageviews is useless for startups. There was a time when all you needed to succeed on the Internet were lots and lots of eyeballs, and the best way of measuring those eyeballs was by tracking pageviews (measuring exactly which pages on a website are viewed by individual visitors). The dot-com crash showed us that the eyeball-based business model was a failure. Since then, startups have moved toward direct monetization strategies such as subscriptions and virtual goods - and these businesses using these strategies require very different metrics than an advertising-based business would. Why Japan Matters: iPad Mania, Cloud Computing, And Social Intel.
Editor’s note: Marc Benioff, chairman and CEO of salesforce.com, really loves Japan. And if you are a startup founder or tech executive, he thinks you should too. He explains why in this guest post, culled from observations from his most recent visit. The 15 Top Tech Takeover Targets.